Tesla shares attempted another rebound on Thursday but failed to sustain momentum, slipping about 1% after opening higher. The initial gains followed reports that the company is considering a new electric vehicle. However, the reaction faded quickly, reflecting continued investor caution. New EV plans fail to excite investors Tesla is exploring an all-new electric vehicle,… Continue reading Why Tesla stock is down 1% despite reports of a new EV
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Intel stock continues to surge after extended Google partnership
Shares of Intel extended gains for a seventh consecutive session on Thursday after the chipmaker announced an expanded collaboration with Google to develop next-generation processors for artificial intelligence data centers. The stock rose about 3% in morning trading, building on a powerful rally that has seen shares climb 47.5% over the current seven-session streak. If… Continue reading Intel stock continues to surge after extended Google partnership
Terra Quantum targets $3.25 billion valuation with Nasdaq SPAC deal
German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter… Continue reading Terra Quantum targets $3.25 billion valuation with Nasdaq SPAC deal
While VCs burn cash, Perceptron built AI infrastructure with 700,000 users
In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months. Nimble secured $47 million in… Continue reading While VCs burn cash, Perceptron built AI infrastructure with 700,000 users
Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds
US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.… Continue reading Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds
CoreWeave stock rises as $21B Meta AI cloud deal boosts outlook
Shares of CoreWeave rose on Thursday after the company announced an expanded long-term agreement with Meta Platforms valued at approximately [MONEY value=”21000000000″ currency=”usd” notation=”long” replace=”false”], underscoring strong demand for artificial intelligence infrastructure. The deal extends CoreWeave’s role as a cloud provider for Meta’s AI initiatives through December 2032, building on an earlier agreement signed last… Continue reading CoreWeave stock rises as $21B Meta AI cloud deal boosts outlook
FTSE falls 0.3% as rising oil prices shake rate cut expectations
London stocks fell on Thursday, giving back part of the previous session’s sharp advance, as a rebound in oil prices and fresh doubts over a fragile Middle East ceasefire damped appetite for risk. The FTSE 100 slipped 0.3%, while the FTSE 250 dropped 1.1%, with retailers and smaller companies leading the declines. The retreat followed a strong… Continue reading FTSE falls 0.3% as rising oil prices shake rate cut expectations
Dow futures plunge 200 points: 5 things to know before market opens
US stock futures edged lower on Thursday, giving back some of the previous session’s relief rally, as investors weighed the durability of a fragile Middle East ceasefire and braced for fresh US inflation data later in the day. S&P 500 futures and Nasdaq 100 futures both declined by 0.4%, reflecting a modest pullback in broader… Continue reading Dow futures plunge 200 points: 5 things to know before market opens
Why ordinary investors are struggling in Trump’s Truth Social market
At 6:12 on a Tuesday morning, Trump posted that a whole civilisation would die that night. By 8 p.m., he had announced a ceasefire. By Wednesday’s open, the Nasdaq was up 3.5%, oil had shed 16%, South Korea’s Kospi had soared 6.9%, and emerging markets were posting their best single day since 2022. If you… Continue reading Why ordinary investors are struggling in Trump’s Truth Social market
